701/127 Beach St, Port Melbourne is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1998. The property has a land size of 8181m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in January 2025.
The extraordinary combination of a freshly completed, no expense spared renovation, breathtaking views, and an absolute waterfront position ensures this magnificent luxury apartment surpasses all expectations. One of an exclusive few occupying a prime corner in one of Beacon Coves most desirable developments, a stunning gourmet kitchen and multi zoned open plan living areas with electric log fire are encircled by floor to ceiling windows and two alfresco terraces with spectacular uninterrupted views of the Bay, First Point Beach and the CBD skyline. In their own wing, two oversized bedrooms with CBD views provide elegant retreats, one with BIRs/storage, the master suite offering a designer ensuite with a walk-in shower, custom designed dressing room with extensive BIRs/storage and central island, and terrace access. Meticulous attention to detail is evident in the beautiful stone kitchen featuring NEFF appliances, integrated fridge/freezer, Asko dishwasher, Bili tap, walk0in-pantry and statement island. Other features include; fully tiled bathrooms featuring heated floors and top of the line Japanese style Roca in-wash toilets, dedicated laundry, ducted heating/cooling, natural stone finishes throughout, excellent storage, herringbone timber floors, intercom entry, side by side basement parking for two and storage cage. Premium building amenities include a heated pool, landscaped gardens, two lifts, a concierge and direct entry to foreshore walking and bike paths. Enjoy a short stroll along the foreshore to First Point Beach, Station Pier cafes and bars, and light rail links that offer a quick commute to Southbank and the CBD, with minutes to Bay Street the shops, restaurants and nightlife.
The size of Port Melbourne is approximately 10.1 square kilometres. There are 34 parks, covering nearly 11.2% of the total area. The population of Port Melbourne in 2016 was 16175 people. By 2021 the population was 17633 showing a population growth of 9.0% in the area during that time. The predominant age group in Port Melbourne is 30-39 years. Households in Port Melbourne are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Port Melbourne work in a professional occupation.In 2021, 54.30% of the homes in Port Melbourne were owner-occupied compared with 50.50% in 2016.
Port Melbourne has 13,445 properties. Over the last 5 years, Houses in Port Melbourne have seen a -6.23% decrease in median value, while Units have seen a -2.72% decrease. As at 31 July 2026:
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